Korea and the BICs (Brazil, India and China) : Catching Up Experiences

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collection.link.5
https://openknowledge.worldbank.org/handle/10986/9
collection.name.5
Policy Research Working Papers
dc.contributor.author
Chandra, V.
dc.contributor.author
Osorio-Rodarte , I.
dc.contributor.author
Primo Braga, C. A.
dc.date.accessioned
2012-03-19T19:13:25Z
dc.date.available
2012-03-19T19:13:25Z
dc.date.issued
2009-10-01
dc.date.lastModified
2021-04-23T14:02:17Z
dc.description.abstract
This paper tests a neo-Schumpeterian model with industry-level data to analyze how Brazil, India, and China are catching up with South Korea s technological frontier in a globalized world. The paper validates Aghion et al. s inverted-U hypothesis that industries that are closer to the technological frontier innovate to escape competition while longer distances discourage innovating. It suggests that for effective catching up, distance-shortening (or innovation-enhancing) policies may be a necessary complement to liberalization. South Korea and China combined a variety of distance-shortening policies with financial subsidies to promote high tech industries and an export-led growth strategy. Post-liberalization, they leveraged swift competition to spur catch-up. In comparison, Brazil, which was as rich as South Korea, and India, which was as rich as China in 1980, are catching up more slowly. Import-substitution industrialization strategies saddled Brazil and India with a large anti-export bias, and unfocused attention to innovation-enhancing policies dampened global competitiveness. Post liberalization, many of their industries were too far behind the technological frontier to effectively benefit from competition. The catch-up experiences of Brazil, India, and China with South Korea illustrate that distance from the technological frontier matters and that the design of country-specific distance- shortening policies can be an important complement to trade liberalization in promoting catching up with richer countries.
en
dc.identifier
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091027140420
dc.identifier.uri
http://hdl.handle.net/10986/4292
dc.language
English
dc.relation.ispartofseries
Policy Research working paper ; no. WPS 5101
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ANTITRUST
dc.subject
AUTOMOBILES
dc.subject
BANKING
dc.subject
BENCHMARK
dc.subject
BENCHMARKING
dc.subject
BUSINESS
dc.subject
CAPABILITIES
dc.subject
CAPABILITY
dc.subject
CHEMICAL
dc.subject
CLOSED ECONOMY
dc.subject
COLLABORATION
dc.subject
COMPARATIVE ADVANTAGE
dc.subject
COMPETITION
dc.subject
COMPETITION POLICY
dc.subject
COMPETITIVE EDGE
dc.subject
COMPETITIVENESS
dc.subject
CONSULTANT
dc.subject
CONTENT
dc.subject
COVARIANCE MATRIX
dc.subject
CREDIT
dc.subject
DATA
dc.subject
DATA LIMITATIONS
dc.subject
DATABASE
dc.subject
DEBT
dc.subject
DEVELOPMENT
dc.subject
DEVELOPMENT POLICY
dc.subject
DISCUSSION
dc.subject
DRIVERS
dc.subject
ECONOMIC DEVELOPMENT
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC INTEGRATION
dc.subject
ECONOMIC PERFORMANCE
dc.subject
ECONOMIC RENTS
dc.subject
ECONOMIC THEORY
dc.subject
ECONOMY
dc.subject
EFFECTS
dc.subject
EFFICIENCY
dc.subject
ELECTRICAL SOURCE
dc.subject
ELECTRONICS INDUSTRY
dc.subject
EMPLOYMENT
dc.subject
EQUIPMENT
dc.subject
EXOGENOUS VARIABLES
dc.subject
EXPORTS
dc.subject
FINANCE
dc.subject
FINANCIAL CRISIS
dc.subject
FOREIGN COMPETITION
dc.subject
FOREIGN TRADE
dc.subject
GDP
dc.subject
GDP PER CAPITA
dc.subject
GLOBAL COMPETITIVENESS
dc.subject
GLOBAL MARKET
dc.subject
GLOBAL MARKETS
dc.subject
GOODS
dc.subject
GOVERNMENT POLICIES
dc.subject
GOVERNMENT REGULATIONS
dc.subject
GROWTH RATE
dc.subject
GROWTH STRATEGY
dc.subject
GROWTH THEORY
dc.subject
HUMAN CAPITAL
dc.subject
HUMAN RESOURCE
dc.subject
HUMAN RESOURCE DEVELOPMENT
dc.subject
HUMAN RESOURCES
dc.subject
IDEAS
dc.subject
INCENTIVES
dc.subject
INCOME
dc.subject
INCOME LEVELS
dc.subject
INDUSTRIAL DEVELOPMENT
dc.subject
INDUSTRIAL RESEARCH
dc.subject
INDUSTRIAL STRUCTURE
dc.subject
INDUSTRIALIZATION
dc.subject
INDUSTRY
dc.subject
INDUSTRY SCOREBOARD
dc.subject
INFORMATION
dc.subject
INNOVATION
dc.subject
INNOVATION POLICIES
dc.subject
INNOVATION POLICY
dc.subject
INNOVATION STRATEGIES
dc.subject
INNOVATION STRATEGY
dc.subject
INNOVATIONS
dc.subject
INPUTS
dc.subject
INSTITUTIONS
dc.subject
INTELLECTUAL PROPERTY
dc.subject
INTELLECTUAL PROPERTY PROTECTION
dc.subject
INTELLECTUAL PROPERTY RIGHTS
dc.subject
INTERNATIONAL STANDARDS
dc.subject
INTUITION
dc.subject
INVESTMENT
dc.subject
IRON
dc.subject
LABOR
dc.subject
LABOR FORCE
dc.subject
LABOR PRODUCTIVITY
dc.subject
LAGS
dc.subject
LAW
dc.subject
LEADING
dc.subject
LEARNING
dc.subject
LICENSE
dc.subject
MACROECONOMIC STABILITY
dc.subject
MANAGEMENT
dc.subject
MANUFACTURING
dc.subject
MANUFACTURING INDUSTRIES
dc.subject
MARKET COMPETITION
dc.subject
MARKET ECONOMIES
dc.subject
MARKET PLACE
dc.subject
MARKET SHARE
dc.subject
MARKETS
dc.subject
MEMORY
dc.subject
MEMORY CHIPS
dc.subject
MIDDLE INCOME COUNTRIES
dc.subject
MONITORING
dc.subject
MONOPOLY
dc.subject
MONOPOLY RENTS
dc.subject
NATURAL RESOURCE
dc.subject
NETWORK
dc.subject
OPEN ACCESS
dc.subject
ORGANIZATIONS
dc.subject
OUTCOMES
dc.subject
PATENTS
dc.subject
PAYMENTS
dc.subject
PER CAPITA INCOME
dc.subject
PER CAPITA INCOMES
dc.subject
PETROLEUM REFINERIES
dc.subject
POLICIES
dc.subject
PRICE
dc.subject
PRICES
dc.subject
PRIVATE INVESTMENTS
dc.subject
PRIVATE SECTOR
dc.subject
PROCESS
dc.subject
PROCUREMENT
dc.subject
PRODUCTION
dc.subject
PRODUCTIVITY
dc.subject
PRODUCTIVITY GROWTH
dc.subject
PRODUCTS
dc.subject
PROFITS
dc.subject
PROPERTY RIGHTS
dc.subject
R&D
dc.subject
RENTS
dc.subject
RESEARCH
dc.subject
RESULT
dc.subject
RESULTS
dc.subject
RISK
dc.subject
SEEDING
dc.subject
SEMICONDUCTORS
dc.subject
SOFTWARE
dc.subject
STANDARDS
dc.subject
TARGET
dc.subject
TARIFF BARRIERS
dc.subject
TAX INCENTIVES
dc.subject
TAX SUBSIDIES
dc.subject
TAX SUBSIDY
dc.subject
TAXES
dc.subject
TECHNICAL SKILLS
dc.subject
TECHNOLOGICAL INNOVATION
dc.subject
TECHNOLOGIES
dc.subject
TECHNOLOGY
dc.subject
TECHNOLOGY DEVELOPMENT
dc.subject
TECHNOLOGY TRANSFER
dc.subject
TOTAL FACTOR PRODUCTIVITY
dc.subject
TOTAL FACTOR PRODUCTIVITY GROWTH
dc.subject
TRADE
dc.subject
TRADE BARRIERS
dc.subject
TRADE LIBERALIZATION
dc.subject
TRADE POLICIES
dc.subject
TRADE REFORMS
dc.subject
TRAINING
dc.subject
TRANSITION ECONOMIES
dc.subject
TRENDS
dc.subject
UNDERSTANDING
dc.subject
USES
dc.subject
VALUE
dc.subject
VALUE ADDED
dc.subject
VARIABLES
dc.subject
VARIETY
dc.subject
WEB
dc.subject
WORLD ECONOMY
dc.subject
WORLD TRADE
dc.title
Korea and the BICs (Brazil, India and China) : Catching Up Experiences
en
okr.crosscuttingsolutionarea
Jobs
okr.doctype
Publications & Research :: Policy Research Working Paper
okr.docurl
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20091027140420
okr.globalpractice
Social Protection and Labor
okr.globalpractice
Water
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/1813-9450-5101
okr.identifier.externaldocumentum
000158349_20091027140420
okr.identifier.internaldocumentum
11266258
okr.identifier.report
WPS5101
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2009/10/27/000158349_20091027140420/Rendered/PDF/WPS5101.pdf
en
okr.region.country
China
okr.region.country
India
okr.region.country
Korea, Republic of
okr.region.country
Brazil
okr.topic
Social Protections and Labor :: Labor Policies
okr.topic
Water Resources :: Water and Industry
okr.unit
Development Research Group (DECRG)
okr.volume
1 of 1

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